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GARAGE SNOECK

Active
Private limited companyfounded 1985active for 41 yearsAzaleastraat 44, 9930 Lievegem, BelgiumKBO/BCE: BE 0427.498.202
Summary

GARAGE SNOECK has been active since 1985 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €133,066 and a net result of €25,585. Equity has been shrinking by about 10% per year since 2019. Its solvency ranks better than 34% of 1,308 sector peers (NACE 95, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

Source: KBO
Status
Active since 19-06-1985 Normal situation
Activity
General maintenance and repair of cars and light vans (up to 3.5 tonnes) NACE 95311and 4 others
Establishment unit
2.027.690.968 9930 Lievegem, since 15-05-1985
Financial year end
30 June
Peppol
Reachable since 17-12-2025

Board and ownership

Board

Financial position

86 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts to 30-06-2025
Gross margin
€251,674
▲ 84.5%
Turnover
≈ €960,000
estimated
Profit
€25,585
Equity
€133,066
▲ 23.8%
Total assets
€468,079
▲ 23.5%
Employees on 30-06-2025
4
▼ 42.9%
  • 2025 accounts filed 5 days after the deadline
Score breakdownraises riskSize: 5.3 FTE, total assets €468,079Sector: Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)lowers riskFounded in 1985Liquidity: current ratio 1.42, cash €102,687Show the evidence

Checked score

Score 2025
86 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 43% of micro companies in repair of computers and personal goods (NACE 95)
Financial strength · tick: 2024
Average
Solvency 53=
equity 28.4% of total assets
Liquidity 42+12
short-term debt 66.4% · cash 21.9%
Profitability 52+52
return on assets 5.5%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (5,129 companies, NACE 95, micro)
Last 24 months 12-2024: 0.5% 01-2025: 0.7%▲ +0.2 percentage points vs 12-2024 02-2025: 1.1%▲ +0.4 percentage points vs 01-2025 03-2025: 1.6%▲ +0.5 percentage points vs 02-2025 04-2025: 1.6%● unchanged vs 03-2025 05-2025: 1.6%● unchanged vs 04-2025 06-2025: 1.6%● unchanged vs 05-2025 07-2025: 1.6%● unchanged vs 06-2025 08-2025: 1.6%● unchanged vs 07-2025 09-2025: 1.6%● unchanged vs 08-2025 10-2025: 1.7%▲ +0.1 percentage points vs 09-2025 11-2025: 1.7%● unchanged vs 10-2025 12-2025: 1.6%▼ -0.1 percentage points vs 11-2025 01-2026: 1.9%▲ +0.3 percentage points vs 12-2025 02-2026: 2.5%▲ +0.6 percentage points vs 01-2026highest value 03-2026: 0.2%▼ -2.3 percentage points vs 02-2026lowest value 04-2026: 0.2%● unchanged vs 03-2026lowest value 05-2026: 0.2%● unchanged vs 04-2026lowest value 06-2026: 0.2%● unchanged vs 05-2026lowest value 07-2026: 0.2%● unchanged vs 06-2026lowest value 08-2026: 0.2%● unchanged vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026lowest value 10-2026: 0.3%▲ +0.1 percentage points vs 09-2026 11-2026: 0.3%● unchanged vs 10-2026
Credit of up to €11,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.42 (1.47 in 2024), below the usual 1.5. Short-term debt is 66.4% and cash 21.9% of total assets. 71.6% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 95, micro). It does better than 38% of them on solvency, 35% on liquidity, 29% on profitability and 72% on growth.

The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
lowers risk · Founded in 1985
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Size: 5.3 FTE, total assets €468,079
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.42, cash €102,687
NBB · annual accounts
raises risk · Sector: Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
KBO
raises risk · 2025 accounts filed 5 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 05-02-2026, 5 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
5 days late
2024
5 days late
2023
on the day
2022
on the day
2021
365 days late
2020
2 days late
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 54 days after the deadline. In the sector (NACE 95), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 5 February (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end04-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Back in profit in 2025after a loss of €58,495 in 2024 €25,585 View
  • Positive: 4th oldest company in Lievegem, Other services sectorin the Checked rankings No. 4 View

Recent changes

  1. · Gazette deed Changes of role: SNOECK Bert (director) and SNOECK Roger (director)
  2. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as GARAGE SNOECK: general maintenance and repair of cars and light vans (up to 3.5 tonnes) (NACE 95311). They are comparable in size and age: total assets between €362,000 and €598,000, founded between 1975 and 1998.

CompanyTotal assetsGross margin
GARAGE SNOECK Lievegem€468,079€251,674
GARAGE FRANCOIS DIELEMAN Hamme (Vl.)€574,642€279,064
DIPLOMATIC CAR Schaarbeek€598,016€351,141
MECABO Manhay€584,806€276,898
LMB CLASSIC AND VINTAGE CARS Wommelgem€361,607€408,570
NEW REMORQUES DECKERS Liège€417,956€324,727
Expo Londerzeel€460,232€350,928
Full comparison

Key facts about GARAGE SNOECK

What is the company number of GARAGE SNOECK?
The company number of GARAGE SNOECK is 0427.498.202. The VAT number is the same number with BE in front: BE 0427.498.202.
Where is GARAGE SNOECK based?
The registered office is at Azaleastraat 44, 9930 Lievegem.Company details
What does GARAGE SNOECK do?
According to the KBO register, the main activity is general maintenance and repair of cars and light vans (up to 3.5 tonnes) (NACE 95311).
What is the legal form of GARAGE SNOECK?
The legal form of GARAGE SNOECK is Private limited company (BV).
When was GARAGE SNOECK founded?
GARAGE SNOECK was founded on 19-06-1985.
Is GARAGE SNOECK still active?
Yes, GARAGE SNOECK is an active enterprise in the KBO register.
How many employees does GARAGE SNOECK have?
GARAGE SNOECK had an average of 5.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of GARAGE SNOECK?
The turnover in financial year 2025 is ≈ €960,000. This figure is estimated from the gross margin of €251,674 and 35 comparable companies (NACE 953). It probably lies between €690,000 and €1.3m.
Is GARAGE SNOECK profitable?
In financial year 2025, GARAGE SNOECK made a profit of €25,585.
Where can I find the annual accounts of GARAGE SNOECK?
GARAGE SNOECK filed 40 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GARAGE SNOECK due?
GARAGE SNOECK must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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